Investment returns fall dramatically at Equitas
Claims paid at Equitas - the company set up to reinsurer and run off Lloyd's pre 1993 liabilities -amounted to £357m in the six months ended 30 September 2003.
In the same period, reinsurers' share of claims paid amounted to £112m compared with £133m in the first half of the year. Equitas said the decrease reflects, in part, the prior realisation of theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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